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Dec 20, 2012
12/12
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united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to family farms. this tax makes bailing hay and shoveling manure sound like a get rich quick scheme when most family farms make an average of $45,000 a year. raising the estate tax to 55% and dropping the exemption to $1 million, might sound feasible to a hedge fund manager but it will jeopardize the future of farmers and their families, forcing many to sell their farms they worked for generations on. many farmers are land rich but cash for poor. the average land value for 65,000 kansas farms is $900,000. throw in a $300,000 combine, a $250,000 tractor and kansas farmers are sud
united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to...
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Dec 10, 2012
12/12
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guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the pentagon and sequestration. that call it put the figure of the wars at $300 billion. guest: i think it is higher. it probably goes higher than that number. host: overall? guest: the oco funding got up to about $170 billion at its highest point. it is well in excess of $300 billion. we are probably talking close to a trillion dollars, depending on how you do the math. host: paul, are you in the military? caller: retired. host: go ahead. caller: we had a certain amount of money we had to spend on repair ports every quarter. we were told if you do not spend
guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the...
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Dec 17, 2012
12/12
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also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like to say the president appreciates prime minister nota's contributions to u.s.-japan relations on a number of issues and would like to thank the prime minister for his service and wish him well in his future endeavors. as you know, the new prime minister does not take office -- and i did not want to get ahead of that, before we start talking about potential meetings or policy discussions with him. >> you made the point about -- that that was not the day to talk about policy, talking about gun control. but we are looking for more specifics especially since the president said quite plainly
also he said he would like to stop the challenge from china over the disputed islands. will the u.s. support that division? >> first of all we would like to congratulate liberal democratic party presidential and so i -- election.'s the u.s.-japan airlines serves as a cornerstone of peace and prosperity in the asia-pacific and look forward to working closely with the new japanese prime minister, cabinet, and the people of japan for bilateral, regional, and global issues. i would also like...
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Dec 31, 2012
12/12
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 20, 2012
12/12
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we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up the streets so they couldn't deliver the pizza but we are spending money on a navy that protects every shipping lane everywhere in the world as if we were the only ones who had that interest. now let me get this one. surprising from conservatives. to airlift humanitarian aid anywhere in the world. now, i wish we were doing more in haiti. i wish we were doing more to stop children from dying of illness in africa. but we have to give humanitarian aid anywhere in the world to our wealthy allies and others? frankly i wish we were better
we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up...
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Dec 4, 2012
12/12
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today, there's four trillion people participating in the global economy, when you add china, india, others that have exniced prosperity comes from the private sector rm we've got the same antiquated tax system today that we had 20 years ago. we should be taking the opportunity to relook this thing and say, what does it take to be globally competitive today? yes, i was on the simpson bowles commission. some might think i like that proposal a lot, i did. i don't think it has to be exactly like that but i think there are some principles in there that are important. this idea of doing individual, corporate, cap gains do it all at the same time, makes sense. the territorial system for companies makes sense, with the right anti-abuse clauses so nothing screwy happens. that we he re-look all the deductions as we lock at simplifying the system because every deduction, while important to somebody, is a market distortion. and we ought to be looking at do, we want these market distortions at a time when our economy needs more flexibility to respond to a very globally different place than we had 20 ye
today, there's four trillion people participating in the global economy, when you add china, india, others that have exniced prosperity comes from the private sector rm we've got the same antiquated tax system today that we had 20 years ago. we should be taking the opportunity to relook this thing and say, what does it take to be globally competitive today? yes, i was on the simpson bowles commission. some might think i like that proposal a lot, i did. i don't think it has to be exactly like...
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Dec 24, 2012
12/12
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but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was in really good shape. >> where did that drive? how did that drive? where do you get that drive? >> we were talking earlier about the role of parents. when you had mentioned the tiger mom or the tiger parents, we did not have tiger parents. they were there to support me and be there in times when i needed a push culminated motivation. it is just one of those things when you have a passion and a vision. you do not see anything else. that is what drives you every day. >> you just got engaged. are you going to be a tiger mom. [laughter] >> looking at the way i was raised with a set of rules and just
but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was...
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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. planet earth was simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the -- in this conflagration, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that...
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Dec 4, 2012
12/12
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if they understood that the highway fund is running a deficit, and having to borrow from china to fix the reds, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds of other taxes. as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from
if they understood that the highway fund is running a deficit, and having to borrow from china to fix the reds, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds...
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Dec 18, 2012
12/12
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i want to start off with 9/11, syria, china and the 20 children. three examples, 9/11, syria, people assassinated. i need to understand why you diminished someone's comments with regard to the second amendment and the purpose of that. you have a master's degree. i don't understand. that said rather than being critical. the reality is horrible situation that happened. i don't defend anything that happened at the school, but that said, the individual going into a school with a shotgun, that said we could come back to the 1994 democratic vote. senator feinstein introduced the bill and you guys lost although h lost. i'll stop right there. those are three examples and i invite the listeners to look at the china situation in less than a week ago where ears, arms and fingers were cut off. what say you. guest: we do live in a society where we do feel protected and represented in government. i think that is something that maybe has diminished in the sense of the governments there. we do have a representative democracy and something we should be very, very p
i want to start off with 9/11, syria, china and the 20 children. three examples, 9/11, syria, people assassinated. i need to understand why you diminished someone's comments with regard to the second amendment and the purpose of that. you have a master's degree. i don't understand. that said rather than being critical. the reality is horrible situation that happened. i don't defend anything that happened at the school, but that said, the individual going into a school with a shotgun, that said...
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Dec 28, 2012
12/12
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stamps.t had food since china and russia when to communism because of starvation, it would be best to keep people do not have much money. one of the questions that i wanted to guess is you're not given any costs or payments -- let's see a mother or a child on food cards. how much per month do they get? according to my computer, they would not get enough to eat very well. host: thank you. guest: so, for a family of four, let's say, two adults, two children, the maximum benefit for a family of four would be $670 per month. it is in low-cost diet. that is why we likely see a lot of use of these programs along with other assistance. the caller is right that it is not the supplemental nutrition assistance program -- now the supplemental nutrition assistance program, but these are electronic benefitcards. host: as you deal with these issues, you also deal with obesity because often these families are eating less than healthy food or fast food. guest: that is true. it is complicating when you try to talk about them together. it is important that you remember that many of these food insecure
stamps.t had food since china and russia when to communism because of starvation, it would be best to keep people do not have much money. one of the questions that i wanted to guess is you're not given any costs or payments -- let's see a mother or a child on food cards. how much per month do they get? according to my computer, they would not get enough to eat very well. host: thank you. guest: so, for a family of four, let's say, two adults, two children, the maximum benefit for a family of...
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Dec 10, 2012
12/12
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the problem from the russian point of view was that gorbachev also wanted to improve relations with china and japan. and with 100 i.n.f. missiles directed at them how was he going to do that? it was not in their interests to have 100 missiles out of europe. and it was really in their interest. now we've access of records of politburo discussions. let me go back to a couple of words about president reagan. before he first met gorbachev, he wrote out on a yellow pad several pages, without any prompting from anybody, what he wanted to achieve at geneva in his first meeting. bud mcfarland handed me this as we were getting on the plane to go to geneva saying there is what the president has in his mind. if he is wrong somewhere we will have to straighten him out in briefings. actually, it was a very per self-active paper and among -- pe perce perceptive. one of them was a lack of trust or we were not going to some anything else. added if i don't achieve anything else, i must convince gorbachev that though we don't want an arms race, if he wants one he is going to lose it. and, number three, wha
the problem from the russian point of view was that gorbachev also wanted to improve relations with china and japan. and with 100 i.n.f. missiles directed at them how was he going to do that? it was not in their interests to have 100 missiles out of europe. and it was really in their interest. now we've access of records of politburo discussions. let me go back to a couple of words about president reagan. before he first met gorbachev, he wrote out on a yellow pad several pages, without any...